ETF日报-20250520

Report Summary 1. Market Overview - A-shares showed an upward trend, with the Shanghai Composite Index rising 0.38% to 3380.48 points, the Shenzhen Component Index rising 0.77% to 10249.17 points, and the ChiNext Index rising 0.77% to 2048.46 points. The total trading volume of A-shares in the two markets was 1211.4 billion yuan. The top-performing sectors were beauty care (2.50%), comprehensive (2.12%), and media (1.98%), while the worst-performing sectors were national defense and military industry (-0.50%), coal (-0.33%), and steel (-0.13%) [2][6]. 2. Stock ETFs - The top-trading-volume stock ETFs were Huaxia CSI A500 ETF (up 0.42% with a discount rate of 0.61%), Harvest CSI A500 ETF (up 0.62% with a discount rate of 0.65%), and Huatai-PineBridge CSI 300 ETF (up 0.50% with a discount rate of 0.61%) [3][7]. 3. Bond ETFs - The top-trading-volume bond ETFs were Fullgoal China Bond 7 - 10 Year Policy Financial Bond ETF (up 0.08% with a discount rate of -0.03%), Penghua China Bond - 30 Year Treasury Bond ETF (up 0.18% with a discount rate of -0.05%), and Haitong Securities Shanghai Benchmark Market - Making Corporate Bond ETF (up 0.07% with a discount rate of 0.05%) [4][9]. 4. Gold ETFs - Gold prices declined, with AU9999 down 0.13% and Shanghai Gold down 0.15%. The top-trading-volume gold ETFs were Huaan Gold ETF (down 0.18% with a discount rate of -0.39%), E Fund Gold ETF (down 0.17% with a discount rate of -0.39%), and Bosera Gold ETF (down 0.22% with a discount rate of -0.40%) [12]. 5. Commodity Futures ETFs - Huaxia Feed Soybean Meal Futures ETF had a 0.00% change with a discount rate of 1.15%, China Construction E Fund Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF was down 0.69% with a discount rate of -1.22%, and Dacheng Non - Ferrous Metals Futures ETF was down 0.36% with a discount rate of -0.31% [15]. 6. Cross - Border ETFs - The previous trading day saw the Dow Jones Industrial Average up 0.32%, the Nasdaq up 0.02%, the S&P 500 up 0.09%, and the German DAX up 0.70%. On this day, the Hang Seng Index rose 1.49% and the Hang Seng China Enterprises Index rose 1.52%. The top-trading-volume cross - border ETFs were GF CSI Hong Kong Innovative Drug ETF (up 5.16% with a discount rate of 4.45%), Huaxia Hang Seng Tech ETF (up 1.12% with a discount rate of 1.16%), and Huatai - PineBridge CSOP Hang Seng Tech ETF (up 1.14% with a discount rate of 1.38%) [18]. 7. Money ETFs - The top-trading-volume money ETFs were Yin Hua Day - to - Day Interest ETF, Hua Bao Add - Benefit ETF, and China Construction Add - Benefit Money ETF [20].